Grocery-Anchored, Necessity-Driven Retail Hub in Helsinki

We constructed a modern retail centre in Helsinki in the middle of a very sought-after residential district together with a leading developer. The property is easily accessible by various modes of transportation and is located directly above a metro station providing direct access to Helsinki’s CBD as well as a large parking garage.

The project included

  • Letting the building under a long-term lease agreement
  • Negotiation of the turnkey construction agreement with a leading property developer
  • Monitoring of construction work and asset management of the property after handover
  • Continuous letting of the retail premises
  • Sell-side advisory for the international investor in the exit phase

Key features of the property

  • Lettable area of 6,000 sqm
  • Anchored with Finland’s two leading grocery operators
  • 62% of the lettable area leased to grocery sales
  • LEED Gold certification
  • Direct access to metro station and to adjacent bus terminal